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ARTICLE · 03 APRIL 2019

A Costly Reminder To Continually Re-Evaluate Your IP

The patent process can be frustrating and often involves a significant investment of time and money.

United StatesIntellectual Property
Stites & Harbison PLLC
Stites & Harbison PLLC
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The patent process can be frustrating and often involves a significant investment of time and money. As such, it may be tempting to assume that when the Patent Office issues a patent it is safe to assert your rights therein. However, according to a recent decision from the District Court for the District of Delaware, doing so may leave you on the hook for attorney's fees.

On March 23, 2018, Finnavations LLC ("Plaintiff") filed suit against Payoneer, Inc., and Stitch Labs, Inc., ("Defendants") alleging infringement of U.S. Patent No. 9,569,755 ('755 Patent). Shortly thereafter, Defendants filed Motions to Dismiss for Failure to State a Claim. The motions were granted on November 26, 2018, based upon a finding that the '755 Patent was directed to an abstract idea, and therefore patent ineligible. Following the dismissal, Defendants filed Motions for Exceptional Case and Attorneys' Fees, which were recently granted on March 18, 2019.

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